The North Africa Journal | By Arezki Daoud | Foreign companies are expressing their frustration with the security and political events affecting their business in North Africa. Many decided to postpone work for some future time, a decision often justified by a reduction in global demand, lower global prices and higher inventories expected in the future. That leaves, however, greater uncertainty in the region and many questions are being asked by the global investor community as to what come next.
The North Africa Journal | There have been high profile cases of companies leaving Libya in droves. The actions of armed militias and those of the Islamist militants active in the country, overwhelming the weak government in place, have scared a great number of companies. But for those willing to stick around, eventually it will all pay off.
The North Africa Journal | The real estate market in Tunisia is displaying mixed signals. Pockets of growth in the housing market continue to drive prices up, but these houses were designed for foreign investors and wealthy Tunisians. In contrast, the average Tunisian is priced out of these desirable real estate sites as their incomes do not meet the continuously rising prices in regions that have been insulated from the political crisis facing the country for the past two years.
[The North Africa Journal] The Tunisian leasing sector currently boasts 10 active companies competing for the market. Most of them are bank subsidiaries which have been set up in the 1990’s in a move to take advantage of a nascent activity which is, after all, a familiar activity for a banker and can be easily integrated in the banks’ main business.
The North Africa Journal | By Arezki Daoud | China's Africa's economic policy remains a major topic among Analysts and watchers. But while the China offensive on the African continent seems unstoppable, a number of issue are facing Chinese companies as they deal with African decisions makers. Cultural differences, lack of transparency and corrupt practices have forced some Chinese companies to be on the defensive. And as the relationships between Africa and China grow stronger, Chinese executives and the officials that oversee them should think harder about the way they do business there.
The North Africa Journal | By Arezki Daoud | Making a public statement on Thursday, the Libyan Deputy Prime Minister Abdulkarim Sadikk clearly missed the mark when he stated that Libya was safe and security was under control. The problem with Mr. Saddikk statement is that nothing could be further from the truth. Early Thursday, Mr. Saddikk’s boss, Prime Minister Ali Zeidan was simply kidnapped from his room at the Corinthia Hotel. Yes, only in failed state do we see these kinds of events and to speak of security when the Prime Minister is abducted simply defies logic.
By Leila Hanafi: As part of Minister Abdellatif Mazouz, Minister Delegate to the Head of Government in charge of Moroccans living abroad, official visit to the United States in June 2013, the George Washington University Law School, the Embassy of the Kingdom of Morocco and ARPA International organized an interactive discussion at George Washington University Law School in Washington DC, under the theme: Morocco’s Rule of Law Reforms: Towards an Evolved Perspective on Diaspora Engagement.